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XVP: THE POKER TOURNAMENT FORMULA

#1

I just picked up Arnold's book. Chapter 28 is called "How Much Money Do You Need." In this chapter he has a chart showing his results for the first 75 tournaments he played in. The average buy-in was $70 for a total investment of $5250. He cashed 14 times at an average of $1200. Of the 14 cashes he says that 5 were substantial. I think he is talking about 1st, 2nd, or 3rd as that is where the bulk of the money is.

Before the boom I remember top notch tournament pros talking about the expectation on their buy-ins. Most put it between 200% and 400%, with Phil Hellmuth, of course, putting his expectation at 500% to 600%. Arnold's cashes totaled to $16,800. That's a 320% return on investment. He then moved up to bigger buy-in tournaments.

He was selective of the tournaments he played in, looking for the right structures. With an expectation of 320% then juice from 18% to 25% is no big deal. If I had it to do over again I would've bought his book when it came out in 2006. I would've studied it for awhile then jumped into those tournaments to see what I could do.

#2

I found Snyder's book impressive. We'll be interviewing him on GWAE on June 14 On June 21, we'll have him back, talking about his sequel, Poker Tournament Formula 2. Although the titles are very similar, the subject matter of the second book is much different. It deals with deeper stacked professional-level tournaments, but it introduces a concept he calls poker utility that is hardly ever mentioned in other poker tournament books. I've been carrying around one or the other of these books for a couple of weeks now, reading them if I'm eating meals alone in buffets. A friend came up and told me he thought the books weren't very good. The comments didn't cause me to lower my opinion of Snyder's books. Rather, it caused me to lower my opinion of my friend! Bob
                                       
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#3

Ed Miller recently wrote an article for Card Player magazine, stating that position is more important than cards in deep-stack play. It was very interesting. Has Snyder come out w/any more recent updates?

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________________________________
From: Bob Dancer <bobdancervp@hotmail.com>
To: vpfree@yahoogroups.com
Sent: Wednesday, May 23, 2012 8:11 PM
Subject: RE: [vpFREE] XVP: THE POKER TOURNAMENT FORMULA

I found Snyder's book impressive. We'll be interviewing him on GWAE on June 14 On June 21, we'll have him back, talking about his sequel, Poker Tournament Formula 2. Although the titles are very similar, the subject matter of the second book is much different. It deals with deeper stacked professional-level tournaments, but it introduces a concept he calls poker utility that is hardly ever mentioned in other poker tournament books. I've been carrying around one or the other of these books for a couple of weeks now, reading them if I'm eating meals alone in buffets. A friend came up and told me he thought the books weren't very good. The comments didn't cause me to lower my opinion of Snyder's books. Rather, it caused me to lower my opinion of my friend! Bob

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#4

n_cisnewski wrote:

      Ed Miller recently wrote an article for Card Player magazine, stating that position is more important than cards in deep-stack play. It was very interesting. Has Snyder come out w/any more recent updates?

I didn't see Miller's article (I do like his work and I hope to have him on the show again soon to discuss his new book) but chips > position > cards > chips is a major cornerstone of both of Snyder's PTF books. Bob

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#5

Bob, my opinion of Arnold Snyder is he is a professional gambler's professional gambler. I think it was 4 or five years ago at the WSOP, ESPN had some of the top pros, in a light-hearted sidepiece, playing rochambeau.

For anyone who would like to read a review of Arnold's work, here it is: http://www.pokernews.com/news/2008/08/book-review-arnold-snyder-poker-tournament-formula-2.htm

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--- In vpFREE@yahoogroups.com, Bob Dancer <bobdancervp@...> wrote:

I found Snyder's book impressive. We'll be interviewing him on GWAE on June 14 On June 21, we'll have him back, talking about his sequel, Poker Tournament Formula 2. Although the titles are very similar, the subject matter of the second book is much different. It deals with deeper stacked professional-level tournaments, but it introduces a concept he calls poker utility that is hardly ever mentioned in other poker tournament books. I've been carrying around one or the other of these books for a couple of weeks now, reading them if I'm eating meals alone in buffets. A friend came up and told me he thought the books weren't very good. The comments didn't cause me to lower my opinion of Snyder's books. Rather, it caused me to lower my opinion of my friend! Bob